Working, and in the old days when the late great mark cane ruled the mornings around here, i remember each time i cohosted he would introduce me as reverend Jim Bob Cramer of the church of what is happening now. It was fun back then seemed like everyone was running their own personal hedge fund. There was understanding there could be a stock here today and gone tomorrow. Those days are over. If you recommend a stock for trade, if you say buy it today for the Analyst Meeting and sell it tomorrow, there will always be a Youtube Video kicking around that shows you like the stock but never gave it the sell call weve gone well beyond that. Tonight were taking it to the next level where im introducing you to the concept of suitability. Basically what stocks fit you. What investments are right for you. Not for this week, not for this month but your age and temperament. I heard of the concept of suitability when i was in training at Goldman Sachs for the group that helped small institutions and small individuals. I had been buying stocks for a half decade until i got to goldman in 83 i was watching between classes at harvard law school, that was the predecessor between cnbc and run to the library where they had old Research Reports about stocks totally on a catch basis. Its so cool to look back at what i would do next i would ask the kind lie bbrari for the firms filings these are a piece of plastic you stuck into the machine and they would be maybe six months old. Everything i did back then is online and instant and updated the imperfections in the market back there were legion now everyone can know everything but more on that later in the show i would spend all week trying to find one stock that i thought would work, one stock that would be good for one week where anyone who wanted to invest could take the idea and run with it and then i would take my answering machine and give you a 20second wrap on that stock answering machines, can you imagine . Some Companies Used to make them with all the jobs wiped out by the cell phone, answering machines and answering services. Jobs arent coming back no matter who is the president. I would say hi, this is jim, im not here right now but i like the chart and recent numbers from people express. Along since bankrupt airline that i used to jet down to new york for a Job Interview my best one a recommendation, a smoke shaw of a company with a red hot stock run by who saved tesla back when the car maker was struggling in 2007, 2008 he was the last ceo before elon musk it shot up and ended up with a big bang far down the road it was the best cramer is not at all call his machine hit i ever had and believe it or not, jim is not home became a rallying cry for lots of people crying for me back then hoping i wasnt home to get the tip without having to deal we many not long after i got a job at Goldman Sachs an officer called me and got the machine are the m re recommendation and told me to call him as soon as possible he asked me if i knew what suitability is i said how does my suit fit . He asked me did i consider that people that call maryland e and got my answering machine might not be ready for the stock of the hottest Semi Conductor in the land and i was recommending it whether it was right for them i said that i always thought that stocks were pretty much caveat situation unlike vacuum cleaners, you cant take stocks back before you recommend a stock on a 11 level at a registered broker house, you have to know what that person wanted out of a stock. You want to know if the stock was right for them and their tolerance and risk mon monolific memories, so lets start there. Tonight, i want you to ask yourself what is your risk toleran tolerance . How much risk do you want out of a given stock in you see stocks are peculiar you buy a car and know its not worth the lot but there are warranties you buy a house and know it can burn down the next day but before you buy it, you get a bie binder with insurance so it does, you get your money back. Phones, clothes, pcs can be returned but stocks, stocks. You buy a share of nike and the next day Goldman Sachs downgrades it and the day after footlocker says there is a slowdown in jordans, you cant go back to broker age and say chief, im out 6,000. I want that 6,000 i want it back caveat empty it would have been incumbent when i got started to recognize the buyers would know these things could happen. Maybe the broker should never recommend them to begin with you get the point. You cant take stocks back and get the stock price, the same price you paid because there is no real insurance, although you could buy it underneath and cost of the return dramatically and renewed constantly suitability, the concept of suitability is incredibly important. Thats why for the next hour, youre going to learn about a way to measure your own tolerance versus a variety of factors. There is no real protection, a signed form that says you get it you know what youre getting into and you accept it tonight, the bottom line that stops here by the end of this show you will know what suits you and doesnt no matter your age or style. Or to put it this way, caveat emperor, no. Be aware of what you might beco becob be committing hardearned dollars to when youpull the trigger on a buy ann marie in new york, ann marie . Caller thanks for taking my call. Of course. Caller can you talk about trimming our profits i get eager and start trimming up 10 or 20 can you talk a little more about the trim sng. What would happen if you keep doing it, you would miss out on the greatest, greatest stocks in the history of man you may actually own what i suggest you do is move that up a little dont sell until youre at 25, 30 . When youre up about 60, 70 this is a change from the old days sell more but let it run and if it comes back, you can buy some. I dont want you to lose the great opportunity unless the story changes and then its sell, sell, sell, sell. Immediately ledo in texas, ledo. Caller hey, jim, how are you doing . Good. How about you . Caller my question is as a recent early retiree and one anticipating a possible Market Correction in the near muni ffu caller okay. Should i allocate now from a Stable Income Fund or wait until after the market has corrected no, i mean, if youre in retirement stage, i want you to own equities but i dont want you to have as much equity exposure you shouldnt own more than 50 . Thats a lot if youre retired i want you to own some because people that retire tend to live 20, 30, 40 years longer than they thought taking the cash out, dont necessarily put them in bonds and Interest Rates are higher but youll put money back if the market really craters otherwise i think you would be fine and you got to let it ride marleau in illinois, marleau caller jim, you talk about index funds. Can you please tell us the difference between index funds and etfs and maybe give us a couple examples . There is not much there its different what i want you to do, i always default to what warren buffet says he says to buy the van guard index fund the lowest cost. Its very easy to get to i want to go with warren buffet, the greatest investor. Why . Warren buffet, what am i going to do . Argue with him thats never been a great call no more excuses, im helping you form the necessary investing strategies you need at all stages of your life from young to old, ill meet you where you are and take you where you need to be. On mad money tonight, were kicking things off beginning in the crib forget the binkies this is a muchneeded head start and teenagers typically have a lot to learn but there is a typical investing lesson you can get. Ill fill you in. From your 20s to your golden years, my definitive guide where your money should be sitting at any age. Stay with cramer announcer dont miss a second of mad money. Follow jimcramer on twitter have a question . Tweet cramer madtweets. Send jim an email to madmoney cnbc. Com or give us a call at 1800743cnbc miss something head to madmoney. Cnbc. Com. Through the at t network, edgetoedge intelligence gives you the power to see every corner of your growing business. From managing inventory. To detecting and preventing threats. To scaling up your production. Giving you a nice big edge over your competition. Thats the power of edgetoedge intelligence. Thats what happens in golf nothiand in life. Ily. Im very fortunate i can lean on people, and that for me is what teamwork is all about. You cant do everything yourself. You need someone to guide you and help you make those tough decisions, thats Morgan Stanley. Theyre industry leaders, but the most important thing is they want to do it the right way. Im really excited to be part of the Morgan Stanley team. Im justin rose. We are Morgan Stanley. From the 5am wakers, to the 6am sleepers. Everyone uses their phone differently and in different places. Thats why Xfinity Mobile created a Wireless Network that auto connects you to millions of secure wifi hot spots. And the best lte everywhere else. Xfinity mobile is a different kind of Wireless Network designed to save you money. Save up to 400 a year on your wireless bill. Plus get 250 back when you buy an eligible phone. Click, call or visit a store today. Welcome to a special show about you, knowing what you can and cant do because its not because its not right for you welcome to a special show about suitability. The first kind of suitability we will discuss is age suitability. I want to start with kids. Particularly with infants. Mad money has been on so long kids were born who are teens and if their parents listened to the show when it started they would be on their way to great wealth. Pa parents, grandparents, listen up i want you to open up accounts for them or at least give them shares of stocks so that from the earliest moment you can start the process of saving that you have to do here is my commercial for what everyone seems to have come around to the notion of index funds. Weve come through a period where almost all stocks traded together and weve seen so many managers let go or fired because they cant beat the market take a couple hundred dollars and buy shares in an index fund. Im partial to the 500 because those 500 stocks represent the bedrock of the countrys publicly traded companies. I like any total return fund that has a broader ocarray of stocks total return and s p 500 your broker or broker site you use can be a nice augmentation because youre buying for an infant with his or whole live ahead of them. The funds can compound being if you let it run, the money can build upon itself. You might be saying, why am i watching a show about stocks if all hes doing is talking about index if you believfunds . It wouldnt make for an interesting show more important is the kind of investing im talking about. The comparison we hear about index funds is to actively manage funds this show is geared to people who are interested in their money and want to be more involved to make it grow or curious and want to learn about stocks i believe that you can build a portfolio yourself that can do better than most managers and funds but i am perfectly serious about the notion they can coexist i just wish the index funds werent such fundamentalest about how bad Everything Else is their lack of flexibility is so stunning yet ive had a career of picking stocks better than the market and saw so many investors that would never settle for average and didnt. Lets give both a try. Whats a good stock for a kid just born . I think you should pick two, one with a dividend where you can reinvest and get the power of compounding going for you and each might be increased and you might be able to buy more stock with that dividend we hear the term dividend aristocrats, companies with long history, more than 25 years. I like that. Which ones have come to mind that we like in the show, 3 m and proctor and gamble any one of those would be great to buy a share of. Juice, i think of fang, facebook, amazon, netflix and google why these . I think facebook is the rapidly growing site where you provide the content and they provide the ads. Its a Brilliant Company deep bench amazon there is a 4 trillion market for retail goods in the world and amazon has a small fracture. Netflix wants so much to dominate entertainment with a management that intuitively recognizes what you want when you want a game changer. Why do i like this alpha bit isnt that played out . No, no, o. It dominates the moment you want to buy something so advertisers love it and Balance Sheet of beauty and a whole hassle of people wanting to avenge something new to plant or compliment serve waymo might be autonomous driving vehicles these are examples about growth. I know it seems commercial to do what i want done here but i think given how poor Income Growth has been for so many people in this country, it is important to try to augment the other side the savings side there is no time like the present. One other thought i like, you know i believe gold and silver are terrific insurance components to any portfolio. Well discuss this later in this show but a highly unusual yet totally blessed by me idea is to buy gold or silver coins for people, or pieces of gold or silver, the actual i bought slivers of silver for my kids from a dealer and pretty much forgot about them they may or may not increase they are the polar opposite of growth or income stocks. They dont throw off money they dont do anything in crazy times where inflation can come roaring back, there is nothing that holds up in value better than mansions, masterpiece art and Precious Metals if you do this, put the gold or silver in a safe place and is that doesnt mean putting it in a mattress a safety deposit box is more my style. The most valuable asset in a stock market, time, the asset you need to do to set yourself or your kids up for asuccess. You probably got the same resource but are you paying attention . Ill clue you in and unfortunately, i dont look anything like i did in my 20s today. Your money should change with age, too ill explain how stay with cramer i planned each charted course each careful step along the byway much more much more than this i did it my way announcer verizon is americas most awarded network and the only one with the galaxy note10 5g. Right now, when you buy one, you get a galaxy note10 free. Thats verizon. Were going over knowing e thiself. We talk about suitability and what about suitable for the kids do you do for them this is when you make your move. This is when you decide youre going to get them involved in what stocks are. Pieces of companies they might like now lets be honest, you couldnt explain to a kid what a stock is to save his or her life thats not how i grew up in my house. As much as i love sports, we had world series tickets for the 64 world series, given they were skpix six and a half games up. In my house stocks were supreme. My father got a tip from his brother who knew a stocker who played tennis to buy the shares of National Video which for all i know would have made, could have made it if it started now a Facebook Live show but a total bust that cost us fortunes always bring home in the afternoon edition and give me the sports section, he would give me the business section i would look up closing prices and i would try to anticipate based on moving averages on stocks but it gained momentum and a lot of time i knew stocks by abbreviatioabbreviations. It was a fun game and i kept the ledger i kept the ledger to see scm, ibm, polaroid, xerox, National Video. I had texas gulf sulfur, rock well a host of companies that disappeared but since been acquired or hanging out in trade and have a lot of Airline Stocks because suckers were buying those. Eastern, national, brand of two were household names because of advertising. I like the stock picking process so much i got the whole fifth grade class involved we would all pick stocks and keep track of the closing prices for a week to see who can make the most money the problem is i was working the opposite of what i should have been doing but metaphorically, i was picking stocks with how fast they were climbing and backing away if their climbed seemed extended or slowed philosophy. Thats called momentum investing. I should have been picking the stocks of companies i knew and asked to be able to buy the shares in them so lets go over what would have been right and what was wrong in the picture i just presented, which would have become paired to the highlights magazines that you always found in the Dentist Office back then. Goofis would never take a tip from his partner who worked for his tennis parter. Pop i learned had no idea what National Video was or did. You can find out more in google now than you could find from jack, the broker then. National video made picture tubes in the old days when you had a problem with your television, it was usually because the tube inside had blown. It left National Video behind and went bankrupt and closes doors five years after pop bought it but has been going straight down since five days after pop purchased the stock. He averaged down too many times to tell but many a silent meal because of that days decline. There it were a host of stocks to have chosen back then in the 1960s. Most werent that good but dividends to be had and in retrospect, we need income maybe the idea of picking stocks because they were going up was the idea of buying stocks in companies and more suited to dart throwing. At least i bought the hot ones they made sense because many were defense contractors and beginning Lyndon Johnsons war efforts. It was a lot of fun but in retrospect, you know what . I learned the most about stocks from two 3 m board games a choir and fabulous game called stocks and bonds acquire was about mergers and acquisitions and stocks and bonds was a fantastic game about accumulating wealth through risky or conservative stocks these days we have whole panfans leagues of stocks and could hold up until this day. Now lets go back in time when i think, and i think about what i could have done. When you were a boy or girl you play with toys it would have been such a natural to have brought shares of mattel or hazbro. Im not asking kids what it means for priced earnings or earnings but saying its way to teach kids that a company can be owned by the public and a share in the company they know toys i bet they pick hasbor over mattel can you imagine if my father bought shares in 3 m rather than National Video it increased more than 25 years thats a statement if we looked at the spine. Speaking of dividend aristocrats, we could have bought General Mills that would have been a fantastic stock and the easy ones. Who didnt want to go to disneyworld. Its that factor and not how many people cut espn off at the end. The intellectual property should make you want to earn shares in the company but the theme park, lets not out think this i dont know about you but Johnson Johnsons bandaids and shampoo were staples and i knew to wipe my nose with kleenex. There is fast food i know mcdonalds may not seem like something you want to invest in because of the quality of the food but the ceo is committed to making everything more natural organic, it would be up ended if they switch the policies a burger would cost a fortune and mceldercdonalds would have crater buy a name brand, something they see, touch or love the stock doesnt work out think of what you like when youre little or your parents liked when they were little. If it trades, you more than likely have a winner the both ttom line, if you wanto get your kids into investing, buy a brand name, not this years version of National Video. Something they can hear and see and touch and like own it the stock wont always work but think of what you liked when you were little and remember that you may have a long term winner on your hands. Lets go to judy in texas, judy . Caller hi, jim, how are you . Good, how about you caller great, thank you. My son william has been very interested in buying stock and hes calling with me now and my dad gave him some money to purchase some stocks so were looking at his very first stock purchase and were wondering how we look at what stocks to buy. Where should we start . Common household things that he sees and you see. And then what you want to do is figure out how much money you want to put in it and put a quarter of it in a quarter because if the market goes down, you can say this is a suckers game i dont want to be in it. Put a quarter in and wait for another three months and another quarter and hopefully get a sell off and be ready to buy. If not, put the rest of the money to work at the end of the year but household name brands that everyone knows and can sink their teeth in carol in florida. Caller hi, jim, how are you doing . Good. How about you . Caller good, good. I read and enjoyed confessions of a street addict. Thank you. Caller i want to give kudos to your hero mrs. Cramer. She knew how to trade better than anybody else in the world. Caller good for her and you. I want to know your opinion buying on the market and mo monetary system. Cash is the best hedge. I happen to like actual physical gold i actually like buying gold coins. If you cant afford those, the gold will do. The stocks will not work because they tend not to reflect the price of gold. If you buy gold, dont keep it in your house but youre dead right abdomen tout the idea stocks dont need to be letters or numbers they are real. Touch, taste and play with them. With kids, thats often the best place to start still more mad money ahead including investing advice from one of the wisest people around, teenagers. Ill explain next. A serious piece of investing wisdom thats dead wrong and could reek havoc and im taking your questions tweet by tweet so send them my way mad tweets and stay with cramer do you have concerns about mild memory loss related to aging . Prevagen is the number one pharmacistrecommended memory support brand. You can find it in the vitamin aisle in stores everywhere. Prevagen. Healthier brain. Better life. We all know teenagers are encourageble the last thing they want to hear about is stocks. They have bigger fish to fry which i say so what . Im not going to tell them what to buy im going to let them tell me. People who watch this show have been huge beneficiaries of the consumer wisdom of my two daughters. Why do you think you might have heard me say i like dominos . Sure, i met with Patrick Doyle the say he became ceo when stuff was 10 and it tasted like ca cardboard before he reform mated the pizza. They were local, most pizza is local. I wasnt so picky. I tried it and liked it. Sure, i recommended it but that didnt make this stock a mad money crowned jewel it was the Technology Behind dpz. My kids like your kids hate talking on the phone they think it is for losers but apps, they love them when my kids discovered the dominos app, sold. No talking to people that might get the border wrong thats things two great local joints couldnt do and the no cheese option, the one that asked twice about the cheese, are you sure you dont want cheese there is the joy of paying ochooch online before the delivery got there. This technology was lost on me i didnt mind the phone and was patient about when the pizza would arrive i liked it i was not like the target audience thats why i always called dominos a tech company that sells pizza. Many of you know by now the story of how i found the stock of apple when my youngest daughter asked for a second ipod not because she lost it as i accused her of but she wanted another color. They were fashion accessories. Personal computers, come on. My various employers never embraced apple and my kids would rather be caught dead than have a nonapple brand. When the Computers Come out, they check the resolution if it improves netflix they want them they want them as presents, despite the cost which as they get older they know about. The iphone is more controversial. They dont like change they didnt like the plug change they didnt want to hear about the ear buds but they dont want the samsung. They are part of the apple echo system, the much ignored apple system released by the analyst that make the Service Charges to pay to have millions of pictures stored when my kids come to me and beg me for a zosamsung, you might ha me Say Something different they dont know much about income or the power of compounding but what they will know, how to feel guilty they feel about the amount of phone chargers they rack up. You think ive been recommending verizon for nothing . Its the cash cow that your kids turned you on to and will continue to work as there is very little growth how about this google it dad. Thats how i found out about google in the alphabet and got the word from the kids they werent allowed to google something involved at school because it was cheating, that was enough for me. When i did my senior thesis to do mindless name dropping, we had access to the fabulous librarians their job to look up anything that you wanted looked up. They had to go to the stacks for you as they were called and find things you wouldnt know where to begin with. I wonder what happened to those jobs my kids arent into sports they get the news from iphones and entertainment from netflix is it Home Entertainment is it the simple interface the desire for them to watch what they want to watch . All of them. I signed up so we could watch together no, fang isnt all their creation i figured out amazon but facebook went to harvard when youre a freshman, you get a book, the facebook and had everyones picture in it facebook is a part of facebook she went to instagram, which facebook made so you didnt know it was part of something that older people discovered. I didnt think the ads worked until we were inundated with red hot chili pepper merchandise does anyone else dream their ad is a link. Mark zuckerberg cares about the experience to the extend it works like that. How about chipotle the kids like the salad. Still do they are veg teetarians my youngest did takeout because she didnt want to be seen inside because she thought people would say wow, what is she doing inside chipotle . Nothing is perfect but their picks, they will do. What if the picks themselves arent good . Your kid likes a device that fits in your head and takes pictures and measures steps. Thats the cost of learning go pro and fitbit they have their whole lives ahead. You see thats the beautiful thing about teen investing you can lose it and no one may end up noticing in the end pull the same thing later in real life like me, its got consequences but the bottom line is for now, you can learn from your teenage children, trust me, invest with them and you wont regret it. Mad money is back after the break. So how about the rest of our lives . Why are we thinking about suitability then from here things get less and less suitable. When youre in college, i dont expect you to put it away at all. College costs too much i try to get people to buy a share or two of shock. College taps the living daylights out of you its a hardship to contemplate savings but out in the real world its imperative you save at work or selfdirected ira i always prefer the latter because you can pick stocks, not just options your company forces down your throat, sorry, they give you for a fee you have to begin the mix of index funds and individual stocks there is too much risk in individual stocks to put together a portfolio of your own choosing so at a minimum, i depend you put your first 10,000 beyond what you have from your first 20 years into an index fund, the s p 500 being my favorite as i mentioned before i know that some will argue with that i see then arguing on twitter. I dont care i know the truth the possibility of one really bad stock hurting your nest egg as early as 20s is too risky for this guy no one stock or sector can do that to you. With the rest of your money, i do like stocks and i want you to be diversified its why we play am i diversified when we can and try to explain what it is and create a club, the action alert plus. Com club to show you how to invest, the ones that involve my travel trust i say involve because the trust is only along to invest alongside club members when i mentioned stock, the restrictions are great to protect you but i can tell you that if you want indepth work on the stocks we talk about on this show and daily updates about a lot of them with a once a week update of all of them, well, then, actionalertsplus. Com is the way to go. I set it up because i talk about buying homework. I tell you you need to buy a stock but you have to keep up with it. Remember back to earlier in the show when i discussed how hard it was to do the homework . Those trips to the Business School library to Study Research now its so easy that i have had to scrap one of my earliest tenants. You no longer need to spend a couple hours a week. You need to read the conference calls. So many that youll get sick of the process quickly. You can have articles and research pushed to you with charts i only dreamt of and you can read what we write at actionalertsplus. Com, whatever makes you most comfortable to be able to take charge of your money. Thats what i want confident. Not over confident remember, i want you to be good to manage your money or good client i dont have a preference. At this stage its important to know thiself i want you to take all the risk you can. I want you to think i have more knowledge to risk what you can tolerate but when you get to your 20s, i can ask you to think about what youll do in a sell off. Will you buy more . Will you cut and run do you have the where with all to take a decline . Can you expect stocks to go down if they have went up over time these are crucial questions that only you can answer. I would like you to take more risk and more individual stocks that have growth characteristics once you put away 10,000. Thats my preference i would hate to see you commit mad money to individual stocks that would not be my preference. I want you to capture more income to stocks that pay dividends than the s p 500 but dont be too quick to do so. In fact, i would not advice you to do that until your 30s. Only in your 40s do i want to introduce bonds to your portfolio by this time you should be able to put enough away that bonds, even lower earning bonds will protect some of your investing capital. In the old days, it would suggest that you dont stuff investing by your 30s, let alone 40s, the problem with that is twofold life expectancy. Many people are outrunning their fortunes and then the lack of good fixed income alternatives that dont entail a ton of risk. Thats why i favor higher yielding stocks to most bonds but recognize as you age, most bonds have a provision you can and do get your money back as you enter your 60s, its easy to see how you can take bonds up 10 more each decade to a caller as i mentioned but that brings us back to the notion of suitabili suitability. If you cant handle the risk, if you think the stock market is simply not as legitimate in asset class as it once was because its prone to sup deep valleys or what in retrospect looked like over blown threats or flash crashes for that matter you have to decide yourself if cashing out or taking stocks to minimal levels is right for you. The bottom line, its your life, not mine get comfortable with what you can live with but risk at least until your middle years should remain a friend. Stay with cramer every day, visionaries are creating the future. So, every day, we put our latest technology and unrivaled network to work. The United StatesPostal Service makes more ecommerce deliveries to homes than anyone else in the country. Roxana our students dont have parttime needs. So they absolutely cannot have parttime solutions. Angelia one of changes that we need is smaller class sizes. Rosanne we need a lot more school nurses, a lot more school counselors. Rodney counselors provide that social, emotional core thats needed. Marisa schools need to be safe places for our children to learn. Ever every student has the right to quality education. No matter what neighborhood you live in. Angelia we are cta. Rosanne we are cta. Marisa we are cta. Narrator because we know quality Public Schools make a better california for all of us. Here on mad money we love to see families invest investing in stock at an early age is set you up for life so wealth can grow with age. So were kicking off this edition of mad tweets with cramerica familiesso lets get started. First, we hear from rico z who says jimcramer, get them started young. I like that. That kid obviously has horse sense. There you go i dont know whether well, there is charts in there, maybe the kid likes charts, too. Holds up under much pressure next we have a tweet from david who said jimcramer, awesome day at a phillies game i sat next to you and your dad we used to love to go to games all the time i was a vendor sometimes we come across families that are truly to the show and kids that have real horse sense. You think you know your ceos nobody is going to stomp the poodles kid. Facebook. Mark zuckerberg. Twitter. [ inaudible ] your favorite for the opening bell jim cramer. Well, thats it i mean, that is that should be a show of its own next up Patrick Tucker ask asks jimcramer serious question are accounting issues always because of some level of shadiness or can honest mistakes be made. I may have to do a whole segment. A lot of times my rule will keep you out of a situation with an honest mistake and the stock takes off but there are cases it is not honest and you lose everything im going for the maximum risk situation as opposed to the minimum one and i cant really tell from the outside which is which, which is why im so cautious now, a tweet from samuels who wrote jimcramer my brother is 26 with no 401 k offered should he open a roth or traditional 401 k . I prefer the roth. Joe tweeted you have repeatedly said you prefer individual stocks over etfs, do you have a write up explaining why . I have an index and s p 500 and put your first 10,000 there and continue to use that as your retirement vehicle but i also think that you should be able to try to pick some of the best stocks that would normally be an eft because i trust you. You watch the show youre doing the work. Lets make some money together in individual stocks, too. Not denigrating mutual funds and index funds saying lets own stocks as a mad money situation. There is a tweet who wrot wrote jimcramer just bought get rich. I have read a book on the reason i like get rich carefully is because its an indepth look how to pit stocks against each other and the mistakes that i have made so many at times and i detail them all embarrassingly so you can learn from them now here is a tweet from eric who said you talk about heavy short selling interest what percent is heavy . 10 . If i see 10 shorted, i sense that something could be wrong, got to do your work, got to figure out if they are wrong they often are but thats what the percentage is i look for coach said what do you recommend to keep squirrels out of the garden i have triple fence. I have boxes i have underneath, ive got more fence and ive got chicken wire. We got the whole shooting match and they dont get in but, you know what . My other box they get in and i have to throw the stuff away do what you can with as much fence i spend way too much time thinking about fencing. It is a preoccupation of mine. jimcramer, it would be great to shed age target on the portfolio. Are they well thought . Appreciate your advice i think the index funds are better and lower at times how much index Fund Exposure and raise cash and thats a better way to look at it. I just think thats a much smarter and smarter way than trying to assess what might be in an agerelated fund stick with cramer. Who wanted to connect. E fy and find inspiration in new places. Leading them to discover were woven together by the moments we share. Everything you need, all in one place. Expedia. Oh, wow. You two are going to have such a great trip. Thanks to you, we will. This is why voya helps reach todays goals. All while helping you to and through retirement. Can you help with these . Were more of the plan, invest and protect kind of help. Voya. Helping you to and through retirement. Should always be working harder. Oney thats why, your cash automatically goes into a Money Market Fund when you open a new account. Just another reminder of the value youll find at fidelity. Open an account today. With sofi, get your credit cards right by consolidating your Credit Card Debt into one monthly payment. And get your Interest Rate right. So you can save big. Get a nofee personal loan up to 100k. I like to say there is always a bull market somewhere and i promise to try to find it just for you right here on mad money. Im jim cramer see you next time. Narrator in this episode of american greed. This story begins and ends with sex. Narrator south florida newlywed Dalia Dippolito takes her husbands money. Dalia was the puppeteer. She manipulated everybody. She called the shots. She did what she wanted. Narrator . Then she plots to take his life. Dippolito she was talking about having me killed like ordering, you know, a bologna sandwich. Didnt mean anything to her, you know. And thats the creepy part of it. Narrator its a reallife madefortv tale. [ crying ]. With a femme fatale you wont soon forget